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China has announced new export restrictions on rare earth elements and other critical materials used in advanced technologies, escalating tensions with the United States just weeks before a planned meeting between President Xi Jinping and Donald Trump. Beijing, which dominates the global supply of rare earths — processing about 90% of the world’s output —…
Switzerland is facing an escalating trade crisis with the United States, after President Donald Trump imposed a 39% tariff on Swiss goods — one of the steepest in the world — leaving the country’s exporters reeling and talks for relief at a standstill. While the UK and the European Union have managed to secure tariff…
The United States has stepped in to support Argentina’s struggling economy, purchasing Argentine pesos as part of a $20 billion financial rescue package aimed at stabilizing the South American nation’s currency and markets. The plan, confirmed by US Treasury Secretary Scott Bessent, marks a bold and politically charged effort to shore up Argentina’s economy ahead…
Despite record sales this year, the US remains far behind Europe and China in the shift to electric vehicles (EVs). More than 1.2 million battery-powered cars were sold in the US last year — five times the number from four years ago — and EVs reached a record 10% of total sales in August, according…
